Trump says the ‘rich people’ group to buy Tiktok

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President Donald Trump said that the social media platform is “a very rich group” to obtain US operations of Tıtok to separate the property of the Social Media Platform.

“There’s a buyer for Tiktok. I think you will probably need Chinese approval and I think President Xi probably told Fox in the interview of Sunday.

The US government has repeatedly repeatedly cancel the American operations of the video sharing application by the owner or to face the national ban in the United States. The latest deadline has been back on September 17, in January three times since its primary date.

In 2024, Trump, which led Tiktok to connect him with young voters, said he will tell more about buyers next month.

“I will tell you in about two weeks … It’s a very rich group,” he said.

In April Financial times reported The White House has signed a contract with a group of US investors, including Andreessen Horowitz, Blackstone, silver lakes and other major private capital companies, USA in the United States.

Great existing investors in Tiktok, which covers the general Atlantic, Susquehanna, KKR and packaging, will receive a share in the US Arm, which accounted for about 30 percent of the business.

As Trump signals, you will have to be confirmed by any agreement and the Government of China. China will previously prevent a sale and Trump has probably stopped the talks in China’s tariffs in April.

Another area of ​​the dispute is ready to abandon the control of the algorithm, kind and Chinese, strikes, is ready to manage the main technology that allows users to see on the platform.

Some analysts offered to meet the requirements of an executive decision, which carried out the closure or sale of Tiktok, and must control the algorithm in the US body.

Tiktok’s algorithm is given in China’s official Algorithm database, And any export of ownership and highly sought technology is likely to attract advanced local inspections.

Tiktok did not respond immediately to a request for comment.

Additional report by Stefania Palma